Filing Flows › IonQ (IONQ) › Q3 2026 › vs Q3 2025
IonQ (IONQ) Q3 2026 vs Q3 2025 (year over year)
IonQ's revenue rose $134M (+336%) from $39.9M in Q3 2025 to $174M in Q3 2026. The biggest changes: CMOS Foundry +$53.8M (—); Quantum Hardware +$31.4M (+145%); Quantum Foundry and Advanced Technologies +$29.8M (—).
IonQ, Q3 2026: revenue $174M (+336% year over year), operating margin -249.1%, net earnings $563M, operating cash flow −$316M. The chart draws each line against Q3 2025, the increases inside each band.
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| CMOS Foundry | $53.8M | $0 | $53.8M | — |
| Quantum Hardware | $52.9M | $21.6M | $31.4M | +145% |
| Quantum Services | $37.4M | $18.3M | $19.1M | +104% |
| Quantum Foundry and Advanced Technologies | $29.8M | $0 | $29.8M | — |
| Revenue | $174M | $39.9M | $134M | +336% |
| Other income, net | $854M | −$891M | $1.7B | — |
| Income tax benefit | $142M | $4.4M | $137M | 32× |
| Costs & expenses | $1.2B | $1.1B | $70.1M | +6% |
| Operating costs | $607M | $209M | $398M | +191% |
| Net earnings | $563M | −$1.1B | $1.6B | — |
| Cost of revenue | $136M | $21.3M | $115M | +539% |
| Research & development | $142M | $66.3M | $75.4M | +114% |
| Sales & marketing | $48.5M | $14.4M | $34.1M | +236% |
| General & admin | $153M | $82.5M | $70.8M | +86% |
| Other operating costs | $128M | $24.2M | $103M | +428% |
| Operating cash sources | $1.2B | −$835M | $2.0B | — |
| Depreciation & amortization | $128M | $24.2M | $103M | +428% |
| Share-based compensation | $147M | $72.9M | $74.0M | +101% |
| Cash used in operations | $316M | $123M | $192M | +156% |
| Working capital & other | $1.2B | −$835M | $2.0B | — |
Questions
How much did IonQ's revenue grow year over year in Q3 2026?
IonQ's revenue rose $134M (+336%) from $39.9M in Q3 2025 to $174M in Q3 2026.
What drove IonQ's revenue change in Q3 2026?
CMOS Foundry +$53.8M (—); Quantum Hardware +$31.4M (+145%); Quantum Foundry and Advanced Technologies +$29.8M (—).